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HomeMy WebLinkAbout0191 i: . ii jjj~~ ~ Page Five a _ t~ 3~ ' ~E 1 j~ar~d ll~rther, to ret,ain such property xithout regard to the proportion sncL ~:property or sisilar pronerty bears to the entirs trnst; to hold the corpns of ' ~1 ! ;j two or ~ore truata oreated hereunc~ar in one or ~sore aac?solidated ibnda in which ~ 2 ~t I~the separate shares sha]1 hav~e undi~ided interests. ~ ~i ; ~f 2. To aell, e~:change~ grant options for the pnrchaae ~ a11 or arp ; . ; ~jportion,.including nndi~?ided intereats or any property, whether real~ personal 3 or a~i~ced, xhich nay be an asset af the trust~ at public or private sale, for ' ~ i~other uronerty, for cash or on such terms as they shal.l deem achrisable; and 4, . i; a~ person named trustee a~ay be a mirchaser at ar~ such public or private ; ~:sale or eatahange, regardlesa oY an~ provisioa or lax to the contrary, and With- ' ; ;'out comolying ~rith anpr tor~oalities or procedures required bv statute relating ~ ~ ~;to pnrchase by Yicuciaries; to borroW money or other prooertv and to mortg~~ f; - j;pledge or encwnber anpr real estate or personal property as security therelor, : atfd in no event shall aay purchaser or nartgagee be nnder ~r obligation to #:see to the application of the pnrchase or mortgage money; to lease any real d =ieatate on sutch tenss as they shall deem advisable and for a~y period or perioda ; 1: .,beyond the termi~iation or probable teYmination of auy trust herein created; to t; ~ ``foreclose~ by entry or othez~rise, and to eztend~ or • 1 : i ass~g~s 61t~e partisl i `:releases from and discharge swrtgages on real estate; to collect income, ~ =;dividends, interest and rent;_ to carry out~any contract for the sale or pnrchasQ ;;oi aziy real estate or nersonal property, to grant or take ontions for the sale, ` ~.purchase or e~ochange of any proDerty. , ~ ; 3. To e~eercise all votin~~ conversion, subscription and other rights f . E ~ -~of whatsoever nature apnerta3ning to securities or other pronerty oxneci by the ~ ~ '~trust; to cause arnr securities held by them to be registered in the naune of a ~ : nominee, in "street name~~, or their ojm names Without disclosing t~ fidaciary ? ';caoacity, ~ithout liabilitp in so doing. s ~ i Zb vote in person or by pro~ upon all stocks or other securities ~'held in the trust; to participate in and cansent to ar~r plan of reorganization~~ ~including consolidation~ merger or combination; to deposit a~r nroperty under s ':any such plan oY reorganization xith a~r protective reorganization co~mnittee ~ ` :~or similar connr~ittee, and to delsga~e to such camnittee discretionary poWers ` ';irith relation thereto, and to pay a pro~ortionate oart o! the expense of such ~ i :.com~nittee and ~ny assess~ems accruing nnder ar~y snch plan and to aecept and ~ _ ~ ; :~retain n~+ securities received in tiuraaanee of snch alan. _ ~ i ! ~ ~ ~ . ; ~ ; _ : - - _ : t : ~ ~ S a ~ ~g^' ~ ,a ` ~~~'~~`~~~~"~~~`,~`:~~,2 . _ ~~.~~'.~-.~~3E.